The "Savory Ingredients - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Savory Ingredients market accounted for $5.72 billion in 2018 and is expected to reach $10.7 billion by 2027 growing at a CAGR of 7.2% during the forecast period.
Changing consumer food preferences in developing regions and consumers' aversion to chemical food additives are the major factors driving the market growth. However, high cost of processing and raw materials is restraining the market growth.
Savory ingredients are flavor enhancers that are added to food products to enhance their flavors and aroma without having the need to contribute the separate ones of their own. These are used in different applications in the food industry and used as a general tonic for the digestive tract and antiseptic properties.
Based on type, the Monosodium Glutamate (MSG) segment is likely to have a huge demand due to its cost-effectiveness and broad appliance in food applications. It is sodium salt of glutamic acid and is tasteless. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due shifting food consumption pattern, rapid urbanization and rise in disposable income of the consumers in countries like China and India.
Companies Mentioned
- ABF Ingredients (OHLY)
- ADM
- Ajinomoto Co Inc
- AngelYeast Co Ltd
- Cargill
- Givaudan S.A.
- Kerry Group plc
- Koninklijke DSM N.V.
- Lesaffre Group
- Novozymes
- Sensient Technologies Corporation
- Symrise
- Synergy Flavors
- Tate & Lyle plc
- Vedan International (Holdings) Limited
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Savory Ingredients Market, By Sales Channel
5.1 Introduction
5.2 Service Provider
5.3 Aftermarket
6 Global Savory Ingredients Market, By Production Technique
6.1 Introduction
6.2 Heat Treatment
6.3 Acid Treatment
6.4 Maillard Reaction
7 Global Savory Ingredients Market, By Origin
7.1 Introduction
7.2 Natural
7.2.1 Vegetable Extracts
7.2.2 Animal Derived
7.2.3 Microbial
7.3 Synthetic
8 Global Savory Ingredients Market, By Form
8.1 Introduction
8.2 Powder
8.3 Liquid
8.4 Other Forms
8.4.1 Spray
8.4.2 Paste
9 Global Savory Ingredients Market, By Type
9.1 Introduction
9.2 Ribonucleotides
9.3 Yeast Extract
9.4 Starch
9.5 Protein
9.5.1 Hydrolyzed Vegetable Protein
9.5.2 Hydrolyzed Animal Protein
9.6 Monosodium Glutamate (MSG)
9.7 Nucleotides
9.8 Other Types
9.8.1 Soy Sauce Powder
9.8.2 Savory Spice Mix
10 Global Savory Ingredients Market, By Application
10.1 Introduction
10.2 Food
10.2.1 Soup & Sauces
10.2.2 Snacks
10.2.3 Meat & Seafood
10.2.4 Prepared Meals
10.2.5 Dehydrated Noodles
10.2.6 Ready-To-Eat Meals
10.2.7 Seasonings
10.2.8 Pet Food
10.2.9 Dips
10.2.10 Bakery Products
10.3 Feedstuff
11 Global Savory Ingredients Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/5yy475
View source version on businesswire.com: https://www.businesswire.com/news/home/20200717005140/en/
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